Calculation formulas for values on the Occupational Injuries and Diseases report

When selecting to print the Detail option of the OID report, the system provides a breakdown of the calculation per employee.

Application of annual OID earnings

The system uses the Annual OID limit defined on the Basic Company Information screen when calculating the earnings per employee.

Print the OID report in the last period of the tax year to apply all calculations correctly. This is for the report to apply the limit correctly based on the amounts earned per month and OID periods worked.

• If the employee’s/director’s earnings are greater than the maximum annual limit, the monthly earnings should be the maximum annual limit divided by the period of service.
• If the employee’s/director’s earnings are less or equal to the maximum annual limit, the monthly earnings should be the actual monthly earnings

The report displays the actual monthly earnings, and adjusted OID earnings per month, where the report applies the limit.

Number of employees

The report reports directors separately from standard employees. The reports offers two different methods to display the employee count for the submission period:

• Actual headcount
• Average count of employees

 The report provides the option to select any count methods when completing your Return of Earnings online.

The report displays the employees based on the selection during export.